All posts tagged: imf

O Muslims of Pakistan! Follow the Sunnah of your Prophet (saw). Be Ansar of Afghan Refugees. Seize the Hand of the Oppressive Government that is Abandoning Our Afghan Brothers in Difficult Times

The rulers of Pakistan have started forcibly expelling the weak and helpless Afghan Muslims from Pakistan. A few hundred thousand Afghans are held responsible for the destruction of the economy, when it is the result of slavish obedience to IMF policies. There are Afghan Muslims who have lived and settled here for many years, even […]

Whilst Sharp Increases in Interest (Riba) Rates Ruin Economy, the Banks Profit Immensely

The semi-annual review report of the State Bank of Pakistan, published on 18 September 2023, revealed that the profit of the banks was 126 billion rupees in the first half of previous year. It has increased to more than double, to 284 billion rupees in the first half of this year. The main reason for […]

The People are Crushed by Electricity Bills for the Profit of the Owners of Banks and Private Power Plants

The Solution is to Make this Sector Public Property, Under State Supervision, as per the Shariah Rulings of Islam. With the arrival of the August bills, the public’s patience finally ran out. For the past several years, electricity bills have been increasing rapidly, upon dictation by the IMF. From July last year to July this […]

Modi’s Speech on Indian Independence Day is a Declaration About Taking the Region’s Leadership

We Either Establish Khilafah or Become Slaves of the Hindu State Speaking on the Independence Day of the Hindu State, the Butcher of Gujarat and Indian Prime Minister, Narendra Modi, said, “We all know that our country was invaded (by Muslims) twelve hundred years ago. A small state (Sindh) and its king (Raja Dahir) were […]

The US-India Joint Alliance Against Pakistan Can Only Be Countered by the Khilafah Rashidah!

[News report regarding joint statement] The Foreign Ministry has complained, “We consider the Pakistan-specific reference in the ‘Joint Statement from the United States and India’, issued on 22 June 2023, as unwarranted, one-sided, and misleading.” After America’s agents took power in India, Pakistan’s role in relation to America ended, and Pakistan was discarded.

The ALECA Agreement Exited through the Door of Popular Rejection, Only to Return through the Window of Foreign Aid!

The Tunisian Presidency announced in an official statement on Sunday, 16/07/2023, the signing of a memorandum of understanding on Comprehensive and Strategic Partnership between Tunisia and the European Union in several areas, including trade enhancement and combating irregular migration, with a value exceeding 750 million euros.

The Khilafah Alone Can Solve the Continuous Crisis of Financial Shortages in the Economy of Pakistan

Successive Pakistani governments have consistently faced the challenge of fiscal deficits. It means the state is continuously short of resources to spend on the people. This shortage of resources faced by the state is the direct consequence of the economic governance structures implemented in the country. Pakistan’s ruling elite implements the capitalist economic model in […]

O believers! Take neither Jews nor Christians as guardians—they are guardians of each other. Whoever does so will be counted as one of them. [Al-Ma’idah: 51]

[يَا أَيُّهَا الَّذِينَ آمَنُوا لَا تَتَّخِذُوا الْيَهُودَ وَالنَّصَارَى أَوْلِيَاءَ بَعْضُهُمْ أَوْلِيَاءُ بَعْضٍ وَمَن يَتَوَلَّهُم مِّنكُمْ فَإِنَّهُ مِنْهُمْ] In recent weeks, Tunisia has witnessed an influx of European officials. On Sunday, June 11, 2023, the Italian Prime Minister, Giorgia Meloni (whose visit is her second in a week), accompanied by the President of the European Commission, […]

Capitalist Budget is a Means of Systematic Extortion of Public Money to Finance Organized Looting and Plundering

On June 1, 2023, Hasina government has unveiled the national budget titled “Towards a Smart Bangladesh after the march of development” for the fiscal year 2023-24. Finance Minister AHM Mustafa Kamal placed Taka 7.6 trillion budget which is 13.5 percent bigger than FY 23 with a ‘supposed’ focus on tackling inflation, generating jobs, and efforts […]

The Hasina Government has Surrendered to the Neo-Colonial Policies of the IMF and Stabbed the Ummah again by Imposing Exploitative Income Taxes and Debt Burdens

The government’s major concerns in finalizing the FY24 budget are limited revenue income and compliance with IMF loan requirements. The record budget of Taka 7617.85 billion has a record deficit of Taka 2578.85 billion when foreign funding and loans are factored in. To meet the massive spending, a total revenue target of Taka 5039 billion […]

“Economy First” is a Fraud Used by Rulers to Validate their Inaction

On 26 May 2023, Pakistan’s Finance Minister informed the US Ambassador about plans related to revenues and expenditures, for meeting international financial obligations. Having received approval from their master, Pakistan’s rulers are now preparing another colonialist budget, which will further weaken our economy. Moreover, when the rulers are asked about the issues faced by the […]

Al-Kinana Army is the Shield of Islam and the Supporter of the Ummah, So it was and so it must Return

Hayat Washington said on its website, Monday, 22/5/2023, that the local Nigerian media reported that the National Service Projects Agency of the Egyptian Ministry of Defense intends to invest in the agricultural sector in Ogun state (west). According to the Remo TV website, the executive governor of the state, Dabo Abiodun, received a number of […]

The People of Sudan Have Not and Will Not Be a Crisis for The People of Egypt Rather, The People of Egypt and Its Army Must Embrace Them and Support Them

Egyptian President Abdel-Fattah El-Sisi said that his country “will face economic repercussions and difficulties” if it receives more Sudanese, in the midst of the ongoing crisis between the conflicting parties in their country. This came in an interview he gave to the Japanese newspaper “The Asahi Shimbun”, which published the article, yesterday, Tuesday, 2/5/2023, on […]

The Egyptian Regime Lacks Legitimacy and its Dialogue is a Maneuver to Deceive the Oppressed People

The national dialogue that the Egyptian regime claims is nothing but a maneuver that was forced by the severe economic conditions, and all that it dreams of is for this crisis to pass, to return to its old policies, and perhaps to liquidate its allies themselves who exerted any kind of pressure on it, or […]

The International Monetary Fund’s Positive Statements and Confidence in the Creditworthiness of Jordan’s Fiscal and Monetary Policies… Misleading and Conspiring to Bankrupt the Country

The International Monetary Fund (IMF) said that Jordan’s prudent fiscal and monetary policies have maintained economic stability and a positive future outlook for external creditors and global rating agencies. This came in a press interview with “The Kingdom” conducted by the Resident Representative of the International Monetary Fund in Jordan, Kareem Ismail, on 12/4/2023.

Holding of G-20 Meeting in Occupied Kashmir: The Liberation of Occupied Kashmir will not be Achieved through the International Community

It will be Achieved through Jihad by Pakistan’s Armed Forces, Which is Only Possible Under the Khilafah (Caliphate) on the Method of Prophethood! Holding of the G-20 meeting in Occupied Kashmir is tantamount to recognition of the Hindu occupation of Kashmir, by the so-called international community and colonialist major powers. In this regard, the statement […]

Zakat Between the Islamic System and the Secular Houthi System

Zakat is one of the five pillars of Islam, it is obligatory according to the Book, the Sunnah, and the consensus of the Companions. In the Quran, Allah (swt) says: [وَأَقِيمُواْ الصَّلَاةَ وَآتُواْ الزَّكَاةَ] “And establish prayer and give zakāh1 and bow with those who bow [in worship and obedience]” [Al-Baqara: 43].

France Declares its Willingness to Throw Tunisia into the Fire

At a time when Tunisia is being destroyed and its situation is systematically aggravated, and this crisis is being internationalized so that the senior officials of the colonial countries issue fatwas and their media talk about the imminent moment of collapse, in order to create an international public opinion that legitimizes attempts at foreign intervention. […]

Slavery to the US and the IMF is Guaranteed by Both Sides of this Cheap Power Struggle

The current political chaos, riots and instability that people are witnessing, on TV screens and social media platforms, is simply a battle for power and revenge. Neither side is sacrificing for the sake of the people. Both are looking for the support of the United States, to ensure their next turn in power. US Congressman, […]

The Democratic System of Government Has Given Pakistan Nothing but Chaos and Instability. Ensure a Stable and Strong State in Pakistan by Establishing the Khilafah (Caliphate)!

The political unrest and chaos over whether to hold elections early or late, is the latest form of Pakistan’s instability. This problem has been going on for the past several decades. It is mainly due to the democratic system of government itself. Democracy encourages competition between individuals and political parties for power and authority. After […]

The Economic Problem in Jordan is Primarily a Political Problem, and it will not be solved except by the Islamic Economic System with the return of the Khilafah State

It was never unexpected that the House of Representatives, with a rate of 75% of the attendees, would approve the general budget law for the fiscal year 2023, despite the harsh criticism of the bill during the 3-day debate sessions due to the financial deficit, the high riba (usury) of public debt, and the absence […]

News Review 22/02/2023

News Headlines: * Pakistan National Assembly Passes Finance Supplementary Bill * Russia Suspends Participation in New START * Iran Enriches Uranium to 84% Pakistan National Assembly Passes Finance Supplementary Bill Pakistan’s National Assembly passed the Finance Supplementary Bill introduced on Feb. 15, which will implement higher taxes. The bill proposes a general sales tax increase […]

The Reason for the Increase in Electricity and Gas Prices is Slavery to the International Order. It is not a compulsion

It is the Choice of the Political and Military leadership. On 13 February 2023, the Economic Coordination Committee (ECC) meeting, chaired by Pakistan’s Finance Minister, Ishaq Dar, approved an increase in gas prices of up to 112%, 29% for the commercial sector, 31% for the Compressed Natural Gas (CNG) sector and 29% for power plants. […]

The International Order is Rigged against Islam and Muslims. Pakistan’s Development Path Lies in the Return to Islam and Re-establishing the Khilafah State

Pakistan’s strategic and policy circles are grappling with the collapse of the economy and its ramifications for the state and society. There is a near unanimous consensus that Pakistan needs to try something new and different. However, there is a dearth of new ideas but the crisis atmosphere and the panic around it has created […]

Political Fallacies Declared by the President after the People Boycotted the Farce of the Legislative Elections

The Supreme Elections Commission announced that the voter turnout in the second round of the parliamentary elections that took place on Sunday, January 29, 2023, was 11.4%, according to the final figures. President Kais Saied said during his meeting with Prime Minister Naglaa Boudin at the government palace, on Monday evening that “about 90% did […]